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Moody's Comment on South Africa!

According to Moody's statement, the country's foreign and local currency debt was evaluated below the investment level with Ba1.

Moody's Comment on South Africa!
Yazar: Zack Smith

Yayınlanma: 28 Mart 2020 16:17

Güncellenme: 14 Aralık 2025 21:25

Moody's Comment on South Africa!

According to Moody's statement, the country's foreign and local currency debt was evaluated below the investment level with Ba1. The country's outlook remains negative. "Steady supply of electricity continues to suppress South Africa's economic growth, with poor job security and weak investment. As a result, South Africa is entering a much lower global growth period with an economically fragile position," Moody's said.
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